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U.S. grain and soybean export inspections through December 12, 2024 reached 125.6 million metric tons, 22 percent above last year and 2 percent above the three-year average. Gulf elevator exports were up 13 percent year over year, and Pacific Northwest exports rose 45 percent.
Strong export pace draws down U.S. old-crop supplies and supports export basis, though Gulf volumes are slightly below the three-year average.
waterwayscouncil.orgWaterways CouncilDec 20, 2024
waterwaysjournal.netKen EriksenDec 20, 2024After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
